Teams where lineage is an important part of their job are overwhelmed.
The Internal Audit profession has progressed far beyond Arthur Michael’s 1911 illustration of Bob Cratchit at his desk.
Audit teams are more tied into data, data flows, and transaction processes as businesses have become more computerized over the past decades. Their tools have not caught up with the complexity of today’s systems; also, mergers and acquisitions have multiplied the number of systems and the number of steps from the shop floor to the controller’s office.
The Internal Audit CBOK 2015 presentation Benchmarking Internal Audit Maturity includes the following recommendations:
IT Project Planners, Project Managers, Enterprise Architects, Business Architects, Data Architects, and software programmers have very similar needs for lineage to design, manage, test, document, deploy, and support IT projects. Even minor projects need lineage so that planners and practitioners avoid negative impacts on the data used by corporate systems outside of the project. Lineage provides a common view that bridges people across geographic or divisional separation—in other words, lineage “breaks down silos.”
Business professionals and auditors experience similar distance from base transactions. Both can use lineage as a straightforward, accessible, technology-agnostic tool to view evolving data stores and paths that affect or influence data stores or reports. As a Chief Auditor states, “Governance improvement is an exercise of helping all areas of the enterprise including corporate departments, divisions, business units, and employees in the next cubicle work together to maintain and leverage a key asset that is the lifeblood of every enterprise: critical information. Information maps—data lineage—are built locally and utilized globally to improve governance by increasing performance, assurance, and strengthening the audit process.”
ROI savings for this ongoing program:
Contact us for help in designing an Internal Audit Support or IT/Business Project Support lineage proposal!